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Vanstar Mining Resources Inc. VMNGF


Primary Symbol: V.VSR

Vanstar Mining’s Nelligan gold project joint venture with IAMGOLD (25% VSR/75% IMG), located 60 kilometres SW of Chibougamau, Quebec. Vanstar retains 25% undivided non-contributory carried interest until commercial production. Nelligan is one of Quebec’s largest gold projects containing approximately 5.6 Moz of gold. Vanstar has signed an LOI with IAMGOLD to acquire a 75% interest in their Bousquet-Odyno property. The project is 6km from IAMGOLD’S Westwood mine.


TSXV:VSR - Post by User

Comment by marketsenseon Aug 26, 2020 7:28pm
150 Views
Post# 31458215

RE:What Grandich didn't say

RE:What Grandich didn't sayYes truly.  Where's there's smoke ,  there's fire.  The signs that something big is going on behind
the scenes is very strong.  I think everyone is on the edge of their seat right now.  What it will be,
only the insiders know and they're not talking.  PG buying into SUP tells me that Nelligan is about to heat up.  IMG can't keep the lid on this much longer.

Going back a few years,  similar type mining plays where a whole camp gets going,  would 
have one major and a whole host of smaller satellites all going crazy.   The promoters would
be working the phones and working the clients and putting PR releases out in wild abandon.
Those days are long gone so now you have  the odd news release with no promotion and
clients who don't want to hear about it anyways.  I don't know which I prefer.  The Murray 
Pezims of this world are slicker but more subdued.  They don't wear garish suits and mainly
talk to fund managers and influential deal makers like Sprott over their cellphones.

I guess I'm from the old school but I think I can still recognize a great opportunity coming 
together.  We are still in the midst of a powerful gold market that IMO,  has all the signs of
going much higher yet.  Hang on tight.

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